5D BIM Practice on NEC Contract
In Hong Kong, the Development Bureau has adopted the NEC3 form in some public works contracts since 2009. They cover contracts of different types and works categories with different payment options of the NEC3. Now, most of the public works contracts are adopted NEC3.
BIM are mandated to used for all capital works exceed HK$ 30M since 2018. The 5D BIM – Cost Estimation as well as Cost Management approach are applied to many Building Works Projects. This Webinar will briefly introduce the concept and practice on how the 5DBIM approaches could apply on NEC Contracts of various payment options.